Kimberlee Leonard has 22 years of experience as a freelance writer. Her work has been featured on US News and World Report, Business.com and Fit Small Business. She brings practical experience as a ...

Managing material resources in a project can feel like trying to solve a complex puzzle—one where every piece, from costs to quantities, needs to fit perfectly to avoid delays or budget overruns. If ...

Outsourcing project work to a third-party vendor can help you alleviate some multiproject resource scheduling conflicts. Resource allocation and multiproject scheduling allows project managers to ...

This Information Technology Project Management Standard defines Information Technology Projects and sets the standards for managing these projects according to the best practices of the Project ...

Defined as “the application of knowledge, skills, tools and techniques to project activities to meet the project requirements,” project management has “always been practiced informally,” according to ...

Defining business requirements helps ensure that what the business requested is what the project is going to deliver. Include enough detail in the business requirements so that everyone involved ...

Project portfolio management (PPM) assists managers in determining which projects are meeting objectives throughout an organization. This information allows them to make data-backed judgments about ...

Kandis Porter is the Founder & CEO of Effective Flow Connections. She is a certified PMP and has a MS in Project Management from GWU. The value of establishing a project management office (PMO) cannot ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Suzanne is a content marketer, writer, and ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Every business is under constant pressure to do more ...